81,970 Shares in Global X Defense Tech ETF $SHLD Purchased by Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD purchased a new stake in Global X Defense Tech ETF (NYSEARCA:SHLD) during the second quarter, according to its most recent disclosure with the SEC. The firm purchased 81,970 shares of the company’s stock, valued at approximately $4,910,000.

Several other institutional investors also recently bought and sold shares of SHLD. IFP Advisors Inc increased its stake in Global X Defense Tech ETF by 21.4% during the 2nd quarter. IFP Advisors Inc now owns 39,198 shares of the company’s stock worth $2,341,000 after buying an additional 6,919 shares in the last quarter. XY Planning Network Inc. lifted its position in shares of Global X Defense Tech ETF by 113.7% in the second quarter. XY Planning Network Inc. now owns 21,499 shares of the company’s stock valued at $1,284,000 after acquiring an additional 11,438 shares in the last quarter. Allworth Financial LP boosted its stake in shares of Global X Defense Tech ETF by 79.0% in the second quarter. Allworth Financial LP now owns 3,369 shares of the company’s stock worth $201,000 after acquiring an additional 1,487 shares during the last quarter. Waverly Advisors LLC boosted its stake in shares of Global X Defense Tech ETF by 1,589.5% in the second quarter. Waverly Advisors LLC now owns 75,519 shares of the company’s stock worth $4,509,000 after acquiring an additional 71,049 shares during the last quarter. Finally, Range Advisory LLC increased its position in shares of Global X Defense Tech ETF by 8.4% during the second quarter. Range Advisory LLC now owns 7,216 shares of the company’s stock worth $431,000 after purchasing an additional 557 shares in the last quarter. 57.57% of the stock is currently owned by institutional investors and hedge funds.

Global X Defense Tech ETF Stock Performance

Shares of SHLD opened at $62.72 on Wednesday. The stock has a 50 day moving average price of $64.66 and a 200 day moving average price of $67.55. Global X Defense Tech ETF has a one year low of $57.89 and a one year high of $78.49. The stock has a market capitalization of $6.97 billion, a price-to-earnings ratio of -5.18 and a beta of 0.27.

About Global X Defense Tech ETF

The Global X Defense Tech ETF (SHLD) is an exchange-traded fund that is based on the Global X Defense Tech index. The fund tracks a modified market-cap weighted index of the top 50 pure-play defense technology companies from around the world. These companies are considered best positioned to benefit from increased governmental defense spending. SHLD was launched on Sep 11, 2023 and is issued by Global X.